TK Journal 2020-11-18

by | Nov 18, 2020 | Blog, TK-journal | 0 comments

After dis­cussing Hawthorn Resources (HAW) yes­ter­day, I remem­bered that they were pay­ing a return of cap­i­tal and spe­cial div­i­dend and did some research.
 
Approx­i­mate­ly 4 cents per share is being paid to share­hold­ers on the 20th of Novem­ber. I think this is why the Hawthorn share price has dropped recent­ly as the shares have gone ex-div­i­dend and ex-return of cap­i­tal. We should be able to add the return of cap­i­tal and div­i­dend to the dum­my port­fo­lio in the next few days.
 

The new Buy List and Watch List are up on the Dum­my Port­fo­lio.

Changes are as fol­lows:

ICS has fall­en off the watch­list due to a ris­ing share price. As has QTM.

SUL has fall­en off the watch­list due to a falling share price.

E&P Finan­cial Group (EP1) is added to the Buy List as well as the Man­u­al­ly Entered Data tab. EP1 is the old Evans Dixon Lim­it­ed which has had a con­tro­ver­sial recent peri­od. They are being pros­e­cut­ed by ASIC. EP1 are also under a takeover offer which has seen its share price ral­ly. I would not be buy­ing this myself giv­en the takeover sit­u­a­tion, but lis­ten­ers who like that sort of action may want to inves­ti­gate fur­ther.

8VI report­ed new fig­ures and I have updat­ed their score. They remain on the Buy List with a QAV score of 0.16.

MFF was re-added to the Buy List fol­low­ing an upturn in their share price. They have a QAV score of 0.35.

Update 05:39 PM: RRL is a sell so we will be dump­ing it from the QAV port­fo­lio (and Tony will be sell­ing it out of his own port­fo­lio tomor­row). We’re going to replace it in the QAV port­fo­lio with GRR.

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